IHS Markit Ltd. (NYSE:INFO) went up by 0.82% from its latest closing price compared to the recent 1-year high of $125.23. The company’s stock price has collected 1.65% of gains in the last five trading sessions. Press Release reported 9 hours ago that IHS Markit Declares Quarterly Cash Dividend in Fourth Quarter 2021
Is It Worth Investing in IHS Markit Ltd. (NYSE :INFO) Right Now?
IHS Markit Ltd. (NYSE:INFO) scored a price-to-earnings ratio above its average ratio, recording 77.05 x from its present earnings ratio. Plus, the 36-month beta value for INFO is at 0.97. Opinions of the stock are interesting as 5 analysts out of 10 who provided ratings for IHS Markit Ltd. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $132.50, which is $4.51 above the current price. INFO currently public float of 371.25M and currently shorts hold a 4.70% ratio of that float. Today, the average trading volume of INFO was 2.21M shares.
INFO’s Market Performance
INFO stocks went up by 1.65% for the week, with a monthly drop of -3.12% and a quarterly performance of 6.21%, while its annual performance rate touched 49.63%. The volatility ratio for the week stands at 1.78% while the volatility levels for the past 30 days are set at 2.01% for IHS Markit Ltd.. The simple moving average for the period of the last 20 days is -0.79% for INFO stocks with a simple moving average of 13.14% for the last 200 days.
Analysts’ Opinion of INFO
Many brokerage firms have already submitted their reports for INFO stocks, with Morgan Stanley repeating the rating for INFO by listing it as a “Overweight.” The predicted price for INFO in the upcoming period, according to Morgan Stanley is $116 based on the research report published on March 18th of the current year 2021.
Truist, on the other hand, stated in their research note that they expect to see INFO reach a price target of $100. The rating they have provided for INFO stocks is “Hold” according to the report published on December 01st, 2020.
RBC Capital Mkts gave a rating of “Sector Perform” to INFO, setting the target price at $100 in the report published on December 01st of the previous year.
INFO Trading at -0.41% from the 50-Day Moving Average
After a stumble in the market that brought INFO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.76% of loss for the given period.
Volatility was left at 2.01%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares sank -3.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.09% upper at present.
During the last 5 trading sessions, INFO rose by +1.65%, which changed the moving average for the period of 200-days by +38.09% in comparison to the 20-day moving average, which settled at $120.01. In addition, IHS Markit Ltd. saw 32.77% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at INFO starting from Uggla Lance Darrell Gordon, who sale 36,810 shares at the price of $118.85 back on Aug 05. After this action, Uggla Lance Darrell Gordon now owns 1,237,513 shares of IHS Markit Ltd., valued at $4,374,868 using the latest closing price.
Uggla Lance Darrell Gordon, the CEO and Chairman of the Board of IHS Markit Ltd., sale 14,000 shares at $118.51 during a trade that took place back on Aug 04, which means that Uggla Lance Darrell Gordon is holding 1,274,323 shares at $1,659,140 based on the most recent closing price.
Stock Fundamentals for INFO
Current profitability levels for the company are sitting at:
- +22.81 for the present operating margin
- +49.12 for the gross margin
The net margin for IHS Markit Ltd. stands at +20.31. The total capital return value is set at 7.15, while invested capital returns managed to touch 6.51. Equity return is now at value 7.10, with 3.80 for asset returns.
Based on IHS Markit Ltd. (INFO), the company’s capital structure generated 61.80 points at debt to equity in total, while total debt to capital is 38.19. Total debt to assets is 32.67, with long-term debt to equity ratio resting at 57.91. Finally, the long-term debt to capital ratio is 35.79.
When we switch over and look at the enterprise to sales, we see a ratio of 10.52, with the company’s debt to enterprise value settled at 0.12. The receivables turnover for the company is 4.81 and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.58.